Liberty Shoes expands reach in southern states

Liberty Shoes is carrying out retail expansion in the southern states as a part of its plan of opening 100 new stores

every financial year. Till September, Liberty opened 40 new shops across the country.

The focus is on states where the company is yet to make strong headway. It aims to open stores in Andhra Pradesh, Karnataka, Tamil Nadu and Kerala. The company would soon be opening a showroom in Kochi, followed by two showrooms in Calicut and Thiruvananthapuram.

Liberty plans to achieve a revenue growth of about 20 per cent this fiscal year to around Rs 600 crores on the back of aggressive retail and product expansion. Liberty is also expecting a turnover of Rs 50 crores from its e-commerce business. The footwear brand also plans to launch 300-500 new styles in its footwear categories.

The brand has worldwide distribution network of 150 distributors, over 500 showrooms and more than 6000 multi-brand outlets. It has presence in over 25 countries, including major international fashion destinations like France, Italy and Germany. Coolers, Fortune, Tiptopp, Force 10, Senorita, Gliders, Footfun, Warriors, prefect and Windsor are the brand names that sell under Liberty.